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 Delaware Form W1q 9701 2020

W1q 2020-2025 Form

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hey it's scott owner cruise consulting and today we're covering the recalculate button on the delaware franchise tax website this is going to save five mini heart attacks uh from founders who are calling emailing freaking out because they logged into the delaware franchise tax website to pay their taxes every year and they saw like a twenty thousand dollar forty thousand dollar hundred thousand dollar bill from delaware and maybe their companies only raise like a million dollars or two million dollars and they are just freaking out and totally understandable i would freak out as well luckily there is a very quick and easy solution for this what happens is delaware they don't actually know how many shares outstanding you have um or for sure they also don't know what your asset base is and so they kind of like their system defaults to the largest tax bill possible until you put the information in to right size it and i've even had companies like be

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